Phoenix Wealth Management Opening in South Korea

NEW YORK – 12-24-2018 (PRDistribution.com) — Phoenix WealthManagement has received regulatory approval to open a branch in South Korea, being a financial management company to do so in almost a decade.

The Seoul branch will be the latest addition toPhoenix Wealth Management Asian network, which has offices in Australia, China. Asian operations contributed 45% of the Phoenix Wealth Management overall global premium volume of US$8.66 billion in 2018.

Stan Garner, CEO of Phoenix Wealth Management said: “We have been active in this thriving market for several years. The local office in Seoul will allow us to serve both local South Korean and global companies with South Korean interests much more efficiently.

By having a branch in South Korea, Phoenix Wealth Management now has presence in 3 countries across the globe, including all of the top 3 investment markets. It will offer a variety of product lines from its Seoul office, including financial consultation, retail asset management, and corporate asset management. Asset management is seen as a key growth area in the market, which is one of the most investment savvy societies in the world.

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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